By leveraging open data-sharing infrastructure
as well as Arrow's design engineering expertise, including sensor-to-cloud-to-analytics
technology stacks, tools, and platforms, engineers and developers can gather
sensory information in real-time, and create ready-to-deploy IoT devices and
necessary applications.

"There has never been a more exciting time to
launch this Sensor Hub in Hong Kong Science Park. This city is blessed with the
government incentives to reinforce its smart city blueprint in near future,"
said Albert Wong, chief executive officer of Hong Kong Science and Technology
Parks Corporation (HKSTP). "We value
Arrow's strength and expertise in building out a technology infrastructure and
ecosystem for spearheading the advancement of IoT innovations and deployment.
We look forward to working closely with Arrow to foster greater success with
local startups and technology companies to build a smarter city for the
future."

Robust Sensor-to-Cloud-to-Analytics IoT Platform

"Sensing technology is at the heart of IoT
innovation today. The Sensor Hub initiative is yet another example of our
technology collaboration with HKSTP, signifying our ongoing commitment to
guiding today's innovators to a smarter and more connected tomorrow." said Simon
Yu, president of Arrow's components business in the Asia-Pacific region. "We
are proud to work at the forefront of IoT innovation and play a key role in
building a robust technology framework and infrastructure with our sensor-to-sunset
IoT product lifecycle capabilities that enable startups bring IoT and sensory
solutions to market quickly and cost effectively."

Through the Senor Hub, Arrow will offer
engineering expertise, hands-on training and workshops, free sensor samples and
tools designed to help startups expedite product design, optimize system-level
integration, and achieve rapid-prototyping for their IoT concepts. IoT
developers and makers can tap into Arrow's comprehensive sensor product portfolio
of more than 14,000 components available for measuring everything from air,
water, soil, motion, movement and chemical composition.

TE Connectivity,
a global technology leader in providing connectivity and sensor solutions, is
one of the technology partners Arrow is collaborating with on the Sensor Hub. "We
are pleased to be part of this incredible initiative. Our technologies enable measurement
capabilities such as pressure, temperature, position, vibration, humidity and
fluid property, to name just a few, all with a strong focus on high reliability
and accuracy, even in harsh applications. We look forward to seeing local
innovators and startups redefine what is possible by using intelligent,
efficient and high-performing TE products to create exciting IoT solutions,"
said John Tuley, director,
Global Accounts of TE Connectivity.

Arrow's sensor-to-sunset IoT capabilities
encompass everything from hardware, sensors and product design to connectivity,
cloud, data analytics and even secure, sustainable end-of-life asset retirement.
Engineers and developers can also use Arrow Connect, a cloud-based software
solution that pulls data from the sensory edge to any data platform, to manage
various devices' development on a single platform and enable easy management of
product provision, control, import, activation, replacement and deactivation.

Crowdfund-to-Production Collaboration
As part of its Open Lab expansion, Arrow also announced the launch of a joint
lab with Indiegogo, the global
platform for entrepreneurs to move their ideas quickly from concept to market.
Hong Kong-based tech startups will have access to invaluable
design-for-manufacturing support and go-to-market resources from Arrow and
Indiegogo at the joint lab, including engineering design reviews, professional
technical advice on connectivity, network protocols, Big Data platform
management systems and tools for device management and data analysis. "We're thrilled to collaborate with
Arrow on the Open Lab to help entrepreneurs in Asia successfully export their
products", said Sandy Diao, Indiegogo's director of Strategic Programs for
China. "Indiegogo's Asia-based entrepreneurs who are building a global supply
chain for the first time, have expressed a need for the type of manufacturing
and product expertise that Arrow will be offering."

BravoLinear,
a
Hong Kong startup specializing in innovative high-end audio products and
electronics components, is among hundreds of Asian-based startups that have campaigned
on Indiegogo's crowdfunding platform. Commenting on the launch of this joint lab,
Alex Yeung, CEO of BravoLinear
Technology Limited said, "as a startup that has benefited tremendously from
using Arrow's Open Lab resources and technology expertise previously during ideation-to-production
phase, we are super excited to explore more opportunities to work with the
bright minds from Arrow and its partners in areas of future product development
and digital go-to-market strategies."

Established in June of 2016, Arrow Open Lab is
open to all technology entrepreneurs, companies, and organizations pursuing
innovation and product development in Hong Kong. Since its launch, Open Lab has
been helping a vibrant community of 450 engineers overcome their challenges and
accelerate their time to market. With the capacity and resources expansion after
relocating to Arrow's main office building in 18E at Science Park, Arrow Open
Lab serves as the center of excellence and proof-of-concept experience lab for startups,
subject matter experts, enterprise customers, and solution partners to
collaborate, build, and commercialize their next-generation IoT inventions.

About Arrow Electronics

Arrow Electronics is a global
provider of products, services and
solutions to industrial and commercial users of electronic components and
enterprise computing solutions. Arrow serves as a supply channel partner for
more than 125,000 original equipment manufacturers, contract manufacturers and
commercial customers through a global network of more than 465 locations
serving over 90 countries.